Precision Drilling

Sustainability Report and Carbon Intensity Rankings

Is Precision Drilling doing their part?

Their DitchCarbon score is 17

Precision Drilling has a DitchCarbon Score of 17 out of 100, indicating a low level of sustainability in its operations. This score suggests that the company has a high carbon intensity relative to its industry peers. There is significant room for improvement in reducing emissions and enhancing its sustainability practices.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Precision Drilling is a company in the energy generation and distribution industry, which has a carbon intensity ranking of high. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Precision Drilling operates in Canada, a region with a very low carbon intensity rating. This suggests that the company benefits from the country’s sustainable energy practices, potentially enhancing its own sustainability efforts.
13.44%

...this company is doing 13.44% worse in emissions than the industry average.

Precision Drilling Corporation, headquartered in Houston, operates in the energy generation and distribution industry and was founded in the early 1950s. As Canada’s largest oilfield services company, Precision has expanded its reach to include the United States, Mexico, Saudi Arabia, Iraq, Kuwait, and the United Arab Emirates. The company offers contract drilling, well servicing, and strategic support services, utilizing a versatile fleet of high-performance land rigs for a variety of drilling operations.

Bad news, Precision Drilling hasn't committed to SBTi goals yet

Precision Drilling has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company has not defined or announced clear goals for reducing greenhouse gas emissions in line with climate science.

There’s always room for improvement,

DitchCarbon recommends...

Precision Drilling should undertake a thorough inventory of all Scope 1 emissions sources to identify and mitigate direct greenhouse gas emissions.
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✓ Company emission source URLs

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.